Take Two®

News and culture through the lens of Southern California. Hosted by A Martínez

Investor Carl Icahn pushes for changes at Apple

by Take Two®

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Billionaire investor Carl Icahn is pushing for changes at Apple. Michael Nagle/Getty Images

Since Apple sold more than 9 million new iPhones on the weekend of their release, you might think the Cupertino based company would be beloved by Wall Street.

But as it turns out, they have a somewhat tenuous relationship. The company's stock has been on a bit of roller coaster this year. It currently sits at about $527, far off its old price of $702 where it sat just over a year ago.

But investors are waiting to see what happens later today when the company releases its fourth quarter earnings. Senior editor Philip Elmer-DeWitt from Fortune joins the show with more. 

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